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WEC Energy Group WEC Utility operations — Net income attributed to common shareholders

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Other financials

Income statement

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Revenue$3.4B+9.0%
Gross profit$2.0B+3.0%
Operating income$980.0M+4.5%
Net income$806.1M+11.1%
EPS (diluted)$2.45+7.9%

Balance sheet

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Cash & equivalents$107.3M-25.2%
Total debt$21.8B+22.6%
Total equity$14.6B+8.5%
Total assets$51.7B+7.3%

Cash flow

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Operating cash flow$1.2B+4.8%
CapEx$817.9M+16.7%
Free cash flow$400.5M-13.2%

Valuation

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Market cap$38.71B+15.1%
Enterprise value$60.4B+16.5%
P/E23.7×+3.4×
P/S3.8×+0.2×

Profitability

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Gross margin65.4%-2.7pp
Operating margin22.7%-2.4pp
Net margin16.2%-1.7pp
FCF margin-10.7%

Returns & leverage

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Return on equity11.7%-0.9pp
Debt / equity1.5×+0.2×
Current ratio0.7×+0.2×

Where this comes from

Reported directly by WEC Energy Group in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic.

The official record: WEC Energy Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEC Energy Group's utility operations — net income attributed to common shareholders?
WEC Energy Group (WEC) reported utility operations — net income attributed to common shareholders of $634.6M in Q1 2026.
How has WEC Energy Group's utility operations — net income attributed to common shareholders changed year-over-year?
WEC Energy Group's utility operations — net income attributed to common shareholders increased by 9.2% year-over-year, from $581.1M to $634.6M.
What is the long-term trend for WEC Energy Group's utility operations — net income attributed to common shareholders?
Over 4 years (2021 to 2025), WEC Energy Group's utility operations — net income attributed to common shareholders has grown at a 6.4% compound annual growth rate (CAGR), from $965.3M to $1.24B.
What does utility operations — net income attributed to common shareholders mean?
This is the bottom-line profit of the utility segment available to the parent company's common shareholders after all expenses, taxes, and minority interest obligations are met. It is the primary measure of the segment's financial success and its contribution to the overall corporate earnings per share. This metric is the ultimate indicator of the segment's profitability.